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Credit Cards Outpace Debit Card Growth for the First Time in a Quarter Century

Credit Cards Outpace Debit Card Growth for the First Time in a Quarter Century

Washington, Wednesday, 8 July 2026.
A new Federal Reserve study reveals credit card transaction growth outpaced debit cards for the first time in 25 years, driving U.S. noncash payments to a record 236.6 billion.